Question: You asked your new assistant Jeffrey to prepare the Stockholders

You asked your new assistant, Jeffrey, to prepare the Stockholders’ Equity section of the balance sheet. Following is a copy of the result. You know that the Total Liabilities amount is correct and that Total Stockholder’s Equity should be $ 1,170,350. Check your assistant’s work and comment on its accuracy and logic. Prepare a corrected Stockholders’ Equitysection.